09/10/2026
🏠 Waiting for home prices to crash? You may be waiting for the wrong thing.
One of the biggest misconceptions I still hear is:
"I'll buy when prices come back down."
But a slower housing market doesn't necessarily mean a cheaper housing market.
Fannie Mae's Home Price Expectations Survey pictured here projected continued national home-price appreciation through 2030 - just at a much slower, more sustainable pace than what we saw during the craziness of the pandemic years.
And that's an important distinction:
📉 Slower appreciation is not the same thing as depreciation.
A house going up 2% instead of 10% didn't get cheaper. It just got expensive more slowly.
That's why trying to perfectly "time" the housing market can backfire. If you're waiting several years for lower interest rates, but home values continue climbing while you wait, some or all of the savings from that lower rate can disappear into a higher purchase price.
Does that mean everyone should run out and buy a house today?
Absolutely not.
The right time to buy is when the numbers make sense for you - your income, your savings, your monthly payment, your plans, and your local market.
And remember: these are national projections, not promises, and this particular forecast was published in 2024. New Jersey - and even individual towns within New Jersey - can behave very differently from the national market.
So don't make a six-figure decision because somebody told you prices are definitely crashing.
And don't make one because somebody told you they're definitely skyrocketing, either.
Look at the numbers. Look at your market. Then make the decision that actually makes sense for you.
That's what I'm here for. 🤙🏻
Jenn DeLorean
Clutch & Crown Realty
Restoring Trust in Real Estate.